Business of Betting with Jason Trost
E183 - Alex Kane from Sporttrade
Jason is joined by Alex Kane, CEO and Founder of Sporttrade Inc. in the latest episode of the Business of betting Pod. Alex shares his startup story, as well as his views on the growth of the American sportsbook industry, and his vision for the future of the industry and exchanges.
04:01 Sporttrade: The humble beginnings
06:25 Alex’s Startup and Investment Round journey
08:18 Techstars to launch
12:31 Building the Sporttrade matching engine
16:00 Pre & Post trade challenges
19:33 Sporttrade vs the competition
24:09 The role of market makers
27:00 The Sporttrade business model
29:56 Competitors and the customer acquisition challenge
32:22 Sporttrade vs Prophet
33:49 Why choose Sporttrade?
42:28 The end of price time?
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